£144,518
This estimated value is based upon the latest sale price for the house of £120,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for NORTH EAST LINCOLNSHIRE 1
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| Price Paid | Date |
|---|---|
| £120,000 | 31 Jul 2020 |
| £17,500 | 31 Jul 2020 |
| Leasehold |
This model uses changes in the Official Land Registry House Price Index for NORTH EAST LINCOLNSHIRE to estimate the market value.
When this house was purchased in July 2020 the House Price Index for NORTH EAST LINCOLNSHIRE was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £120,000 results in an estimated price of approximately £144,518.
| 31 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £120,000 | £24,518 | £144,518 |
The Postcode Pricing Model uses changes in average sales price within the DN31 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | -45.463 % | £-54,555 | £65,444 |
| 3 Month Average | -5.130 % | £-6,155 | £113,844 |
| 6 Month Average | 18.486 % | £22,183 | £142,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £50,964 | £50,000 | 411 VICTORIA COURT VICTORIA STREET |
| 16 Nov 2023 | £58,754 | £58,000 | 54 VICTORIA COURT VICTORIA STREET |
| 28 Oct 2022 | £86,218 | £87,500 | 7 VICTORIA WHARF |
| 30 Sep 2022 | £61,255 | £62,000 | 33 VICTORIA COURT VICTORIA STREET |
| 15 Sep 2022 | £54,833 | £55,500 | 36 VICTORIA COURT VICTORIA STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Possession of weapons | Awaiting court outcome | On or near Prince Albert Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Prince Albert Gardens |
| Mar 2024 | Drugs | Awaiting court outcome | On or near Prince Albert Gardens |
| Mar 2024 | Public order | Under investigation | On or near Prince Albert Gardens |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Prince Albert Gardens |